Caribbean Villas Using Bitcoin – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

The Caribbean is a region that underscores the global inequality of access to the international financial system.

It’s a place full of unique natural resources, hard-working people and destinations sought by tourists from around the world. But its economies have been thoroughly and devastatingly “de-risked” by major global banks, a process that has seen these banks place restrictions on Caribbean businesses over anti-money laundering (AML) or other regulatory concerns. This makes it exceptionally difficult for Caribbean businesses to participate in the legacy financial system, particularly for making cross-border fund transfers.